KBR, Inc. announced that it has been awarded a Project Management Consultancy (PMC) contract by Occidental of Abu Dhabi Ltd. on behalf of Abu Dhabi National Oil Company (ADNOC) for management of the Front End Engineering and Design Services (FEED) phase of the Dalma Gas Field Development and the Detailed Design and Surveys phase of the Hail & Ghasha Islands project in Abu Dhabi , United Arab Emirates 

KBR, the US-based engineering, procurement and construction company, has signed a MoU with Saudi Aramco to expand KBR's services for Saudi Aramco and to support the Kingdom’s vision for boosting locally produced energy-related goods and services

Topaz Energy and Marine have announced a new US$100mn contract with Dragon Oil, the upstream oil and gas subsidiary of Emirates National Oil Company (ENOC), in the eastern section of the Caspian Sea, offshore Turkmenistan

Gulf Petrochem Group (GP), has successfully raised US$150mn from a group of international and local financial institutions based in the GCC

Weatherford International has reported a net loss of US$171mn, or a loss of US$0.17 per share, and a non-GAAP net loss of US$282mn before charges and credits (US$0.28 non-GAAP loss per share) on revenues of US$1.36bn for the second quarter of 2017